American pharmaceutical company Pfizer will buy the Danish food supplements producer Ferrosan Consumer Health, which owns a factory on the Romanian market, in Cluj – Napoca. The deal is expected to be closed in the second half of the year and will mark Pfizer's direct entry on production in Romania, after being present on the market only as importer.

The Romanian Ministry of Economy has started the procedures to select the intermediary for the secondary public offer to sell 9.84 percent in oil and gas company OMV Petrom, the ministry has announced. The winner of this bid will be announced in March. The sale will happen on the Bucharest Stock Exchange.

Investors from Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Kuweit and Qatar are interested in placing their money in Romania in sectors like agriculture, infrastructure and the financial sector, with a budget of minimum USD 20 million per project, according to Forum Invest, which will organize a business forum in this topic in Bucharest.

A new Romanian movie will be released this year. The film, called 'Loverboy', is produced by Strada Film, directed by Catalin Mitulescu and features actors who starred in 'If I want to Whistle, I Whistle'.

Polyurethane foam and hotmelt producer Den Braven Romania registered total sales of EUR 39.5 million in 2010, an increase of 28 percent compared to the sales recorded in 2009.

The Radio Hall in Bucharest will host the first “Army in Concert” show for the current season on Wednesday, February 24 starting 19,00 hours, . The Army Representative Orchestra will be guided by master Aurel Gheorghita and the event’s special guest will be the pianist Horia Maxim.

Romanian band Byron will launch its third album on Thursday, February 17, from 22,00 hours at the Silver Church club, where it will also go on stage, playing songs from the new album. The album will contain a total number of 16 track adaptations of popular Romanian songs performed in Byron's own manner.

BRD - Groupe Societe Generale posted a net profit of EUR 119 million last year, a drop of 36 percent on 2009, the bank has announced. The group's net profit, which also includes BRD Sogelease and BRD Finance, was 31 percent lower than in 2009.

Consumer prices in Romania grew by 0.77 percent on the month in January, while the annual inflation eased to 6.99percent , the country’s statistics institute INS said Monday. In December, the annual inflation peaked at 7.96 percent, mostly driven by a higher sales tax.

Romania’s state-owned railway company CFR SA will close 20 percent of the country's railroad network, about 4,000 kilometers of railway lines, unless it finds investors to ensure their maintenance, reads the letter of intent agreed upon by the Government and the International Monetary Fund.

American pharmaceutical company Pfizer will buy the Danish food supplements producer Ferrosan Consumer Health, which owns a factory on the Romanian market, in Cluj – Napoca. The deal is expected to be closed in the second half of the year and will mark Pfizer's direct entry on production in Romania, after being present on the market only as importer.

The Romanian Ministry of Economy has started the procedures to select the intermediary for the secondary public offer to sell 9.84 percent in oil and gas company OMV Petrom, the ministry has announced. The winner of this bid will be announced in March. The sale will happen on the Bucharest Stock Exchange.

Investors from Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Kuweit and Qatar are interested in placing their money in Romania in sectors like agriculture, infrastructure and the financial sector, with a budget of minimum USD 20 million per project, according to Forum Invest, which will organize a business forum in this topic in Bucharest.

A new Romanian movie will be released this year. The film, called 'Loverboy', is produced by Strada Film, directed by Catalin Mitulescu and features actors who starred in 'If I want to Whistle, I Whistle'.

Polyurethane foam and hotmelt producer Den Braven Romania registered total sales of EUR 39.5 million in 2010, an increase of 28 percent compared to the sales recorded in 2009.

The Radio Hall in Bucharest will host the first “Army in Concert” show for the current season on Wednesday, February 24 starting 19,00 hours, . The Army Representative Orchestra will be guided by master Aurel Gheorghita and the event’s special guest will be the pianist Horia Maxim.

Romanian band Byron will launch its third album on Thursday, February 17, from 22,00 hours at the Silver Church club, where it will also go on stage, playing songs from the new album. The album will contain a total number of 16 track adaptations of popular Romanian songs performed in Byron's own manner.

BRD - Groupe Societe Generale posted a net profit of EUR 119 million last year, a drop of 36 percent on 2009, the bank has announced. The group's net profit, which also includes BRD Sogelease and BRD Finance, was 31 percent lower than in 2009.

Consumer prices in Romania grew by 0.77 percent on the month in January, while the annual inflation eased to 6.99percent , the country’s statistics institute INS said Monday. In December, the annual inflation peaked at 7.96 percent, mostly driven by a higher sales tax.

Romania’s state-owned railway company CFR SA will close 20 percent of the country's railroad network, about 4,000 kilometers of railway lines, unless it finds investors to ensure their maintenance, reads the letter of intent agreed upon by the Government and the International Monetary Fund.